This article was first published on Stories by Waltonchain_EN on Medium
Using blockchain to build a retail data value system and reshape retail experience
Waltonchain Smart Vending Machine (about to be presented) provides fast shopping and ensures commodity safety, consumption and fast replenishment. It also supports cryptocurrency payments and empowers fast WTC circulation in the ecosystem. Blockchain traceability technology ensures food safety, improves supply chain management and shopping experience, and brings value to brands, users and investors.
Advantages of Waltonchain Smart Vending Machine:
1. 100 m wide coverage for a convenient and fast shopping experience.
2. Refrigerates, keeps fresh, progressively realizes sale of blockchain-traceable commodities and instantly displays commodity traceability & sales information on blockchain to ensure food safety.
3. Integrates multiple high-tech devices, technologies and big data analysis, accurately delivers and promotes the most demanded types and quantities of commodities.
4. AI-powered, unattended, saves operating costs, 24/7 service.
Advantages of Waltonchain Smart Retail System:
1. End users enjoy a more convenient, smart and economical retail shopping experience:
a) Smart Vending Machine has wide coverage and provides convenient and fast AI-powered shopping experience;
b) Cashless and convenient mobile payment options. Support of WTC and child chain tokens will be gradually implemented for commodity purchase and discounts. Tokens can also be used as a long-term stable investment with appreciation premium;
c) Commodity production, circulation and sales data can be queried on blockchain through the RFID chip on the commodity. Tamper protection, credibility, and food safety are ensured.
2. Blockchain + Smart Retail brings a revolutionary and efficient business model for brands
a) Brands buy WTC to pay child chain creation deposit and fees for uploading of child chain data to the parent chain; get traceability services, security, credit and brand endorsement on blockchain;
b) Brands obtain Waltonchain Smart Vending Machine for effective sales channel coverage and marketing promotion;
c) Through big data analysis, the demanded types and ...
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Stories by Waltonchain_EN on Medium